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Definition of

balanced budget


spending plan in which income equals expenses a budget in which planned expenditure on goods and services and debt interest can be met by current income

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Definitions of ’balanced budget’ and meaning of ’balanced budget’ are from the book publication, QFINANCE – The Ultimate Resource, © 2009 Bloomsbury Information Ltd. Find definitions for ’balanced budget’ and other financial terms with our online QFINANCE Financial Dictionary.

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